Interim report
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HYPOPORT Press release Preliminary results of the Group for 2020 Hypoport SE : strong growth in 2020 and positive outlook for 2021 despite coronavirus • Consolidated revenue rises by 15 per cent to € 388 million in 2020 • Credit Platform and Private Clients segments generate revenue growth of 20 per cent and 17 per cent respectively and further increase their margins • Year of transformation for the growing Real Estate Platform and Insurance Platform segments , with focus on scalable platform models Investment for the future remains high , yet EBIT advanced by 10 per cent to € 36.2 million Berlin , 15 March 2021 : Hypoport again generated strong growth and increased its consolidated revenue by 15 per cent to € 388 million in 2020 , despite the effects of coronavirus . All four segments contributed to the Group's robust performance . The Credit Platform segment performed particularly well , increasing its revenue by 20 per cent to € 170 million . This rise in revenue was mainly driven by the growth of mortgage finance business on the Europace B2B lending marketplace and , in particular , on the FINMAS and GENOPACE sub- marketplaces for the savings banks and cooperative banks . Non - captive financial product distributors and private commercial banks also recorded significant volume growth on the platform . Revenue in the white - label personal loans business fell as a result of declining demand and more restrictive lending policies by banks as a result of the coronavirus crisis . However , the sales - supporting brokerage pools and REM Capital , which specialises in providing corporate finance advice , saw a healthy rise in revenue . The segment's EBIT advanced at an even stronger rate than revenue , by 26 per cent , to reach € 39 million despite continued high levels of investment . In the Private Clients segment , revenue increased by 17 per cent to € 122 million . The main B2C brand , Dr. Klein Privatkunden , captured significant market share thanks to its highly digitalised processes , in particular the systematic use of Europace and the deployment of video technology for advisory meetings . The segment's EBIT grew by an exceptional 60 per cent to reach € 18 million as the previous year's investment in digitalisation started to make an impact . In the Real Estate Platform segment , revenue increased slightly , by 5 per cent , to € 53 million . The good operating performance of the property sales , property management and property valuation platforms was accompanied by the decision to forego traditional project business in favour of scalable Management Board : Ronald Slabke ( CEO ) , Stephan Gawarecki Supervisory Board : Dieter Pfeiffenberger ( chairman ) , Roland Adams ( vice - chairman ) , Martin Krebs Lübeck local court HRB 19859 HL VAT reg . no .: DE207938067 Website : www.hypoport.com